Australian Bureau of Statistics

Rate the ABS website
ABS Home > Statistics > By Release Date
1301.0 - Year Book Australia, 2005  
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 21/01/2005   
   Page tools: Print Print Page RSS Feed RSS Bookmark and Share Search this Product  
Contents >> Housing >> House prices

In 2003-04 the price index for established houses increased in all capital cities (table 8.15). Brisbane recorded the greatest rise in established house prices, increasing by 32.0% in 2003-04. Other capital city price rises were in Canberra (21.8%), Adelaide (21.5%), Hobart (19.4%), Perth (18.6%), Sydney (13.1%), Darwin (12.4%) and Melbourne (9.5%). The weighted average of eight capitals index rose by 16.2% in 2003-04.

In 2003-04 project home prices (cost of new dwellings excluding land) rose in all capital cities (table 8.16). Brisbane recorded the largest increase (13.2%), followed by Perth (9.4%), Canberra (9.1%), Hobart (8.5%), Adelaide (6.4%), Darwin (5.5%), Sydney (4.1%) and Melbourne (4.0%). The index for the weighted average of eight capitals rose by 7.4% in 2003-04.

The price index of materials used in house building is discussed in Chapter 19 Construction.


8.15 PRICE INDEXES FOR ESTABLISHED HOUSES(a)(b)

Sydney
Melbourne
Brisbane
Adelaide
Perth
Hobart
Darwin
Canberra
Weighted average of eight capital cities

INDEX NUMBER

2001-02
192.2
193.7
169.8
150.1
145.5
140.1
204.2
173.1
178.0
2002-03
233.0
216.4
211.8
182.6
164.4
157.1
218.2
207.2
209.9
2003-04
263.5
237.0
279.6
221.9
195.0
187.5
245.3
252.4
244.0

CHANGE FROM PREVIOUS YEAR (%)

2001-02
17.3
21.7
13.7
14.5
8.7
4.4
2.8
16.1
16.5
2002-03
21.2
11.7
24.7
21.7
13.0
12.1
6.9
19.7
17.9
2003-04
13.1
9.5
32.0
21.5
18.6
19.4
12.4
21.8
16.2

(a) Reference base year is 1989-90 = 100.0.
(b) The separate city indexes measure price movement within each city individually. They do not compare price levels between cities.

Source: House Price Indexes: Eight Capital Cities (6416.0).

8.16 PRICE INDEXES FOR PROJECT HOMES(a)(b)

Sydney
Melbourne
Brisbane
Adelaide
Perth
Hobart
Darwin
Canberra
Weighted average of eight capital cities

INDEX NUMBER

2001-02
141.3
142.1
133.5
148.2
128.8
145.1
158.5
161.3
138.1
2002-03
145.2
147.2
142.9
155.9
132.9
158.5
167.2
171.4
144.1
2003-04
151.2
153.1
161.7
165.9
145.4
172.0
176.4
187.0
154.8

CHANGE FROM PREVIOUS YEAR (%)

2001-02
2.1
3.8
1.1
4.4
2.1
3.1
1.1
5.1
2.4
2002-03
2.8
3.6
7.0
5.2
3.2
9.2
5.5
6.3
4.3
2003-04
4.1
4.0
13.2
6.4
9.4
8.5
5.5
9.1
7.4

(a) Reference base year is 1989-90 = 100.0.
(b) The separate city indexes measure price movement within each city individually. They do not compare price levels between cities.

Source: House Price Indexes: Eight Capital Cities (6416.0).


Previous PageNext Page


Bookmark and Share. Opens in a new window


Commonwealth of Australia 2014

Unless otherwise noted, content on this website is licensed under a Creative Commons Attribution 2.5 Australia Licence together with any terms, conditions and exclusions as set out in the website Copyright notice. For permission to do anything beyond the scope of this licence and copyright terms contact us.